# EIA State Electricity Prices

## Overview

| Property | Value |
|----------|-------|
| **Source** | U.S. Energy Information Administration |
| **URL** | https://www.eia.gov/electricity/state/ |
| **Unit of observation** | State-year |
| **Geographic coverage** | All U.S. states |
| **Time coverage** | 2020-2023 |
| **Downloaded** | January 29, 2025 |

## Files

| File | Year |
|------|------|
| `table_5C_2020.xlsx` | 2020 |
| `table_5C_2021.xlsx` | 2021 |
| `table_5C_2022.xlsx` | 2022 |
| `table_5C_2023.xlsx` | 2023 |

## Description

Table 5.C from EIA's State Electricity Profiles provides average retail electricity prices by sector (residential, commercial, industrial, transportation).

## Key Variables

| Variable | Description |
|----------|-------------|
| State | State name |
| Industrial | Industrial sector price (cents/kWh) |
| Commercial | Commercial sector price (cents/kWh) |
| Residential | Residential sector price (cents/kWh) |
| All Sectors | Average price across sectors |

## Processing

Processed by `R/covariates/electricity_prices.R`

**Derived variables:**
- `eprice` - Industrial electricity price (cents/kWh)

Output: `data/inter/industrial_electricity_prices_state.csv`

## Usage

Industrial electricity prices are used as a covariate in analysis, reflecting the cost environment for manufacturing investments.

## Notes

- Prices are annual averages
- Industrial prices used as primary measure for manufacturing analysis
- State-level data applied to all counties within each state

